Finance

Worrying times for DDB and Leo Burnett as McDonald’s rings the changes

The mighty McDonald’s, which seemed to have ridden out the recession as rivals Burger King and Pizza Hut struggled, has a nasty case of indigestion, posting its first monthly sales decline in nine years. First one to fall on her ...

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Who says creatives can’t run big agencies? Grey New York’s Tor Myhren reveals some of his secrets

The reinvention of Grey as a creative advertising agency, as opposed to an account handling operation that occasionally produced something approximating to ads, has been nigh-on miraculous and one of the WPP-owned network’s biggest stars is Tor Myhren (pictured), president ...

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McCann: out of the frying pan, into the fire

Harris Diamond – who’s he? The new chairman and chief executive of McCann Worldgroup, replacing Nick Brien as of last night – that’s who. Brien’s position has long since looked untenable – to all, that is, except senior Interpublic management. ...

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Could simmering pay row lead to Sorrell’s shock departure from WPP?

Long-term relationships break up for the silliest of reasons – continued failure to put the top back on the toothpaste etc – and the row over pay between Sir Martin Sorrell (left) and his shareholders at WPP may turn out ...

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SapientNitro buys interactive studio Second Story

Digital agency SapientNitro has bought Second Story, one of the many cutting-edge creative companies in Portland, home to Wieden+Kennedy among others. Second Story specialises in combining digital fireworks with physical environments including installations in stores, showrooms and exhibitions. Donald Chesnut, ...

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